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Monty Pritchett
About | Practice Areas
Pritchett Law Group
126 West Needles Avenue Bixby, OK 74008» view map
Estate Law
A Focus On Results

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918-509-3891
1. Monty Pritchett Bixby, OK
  Attorney at Law, OK
  University of Oklahoma College of Law, J.D.
2. AboutPritchett Law Group
  A Focus On Results
3. Practice AreasExpertise
  Estate Law
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Tina Ann Hall

Social Security -- Disability, Family Law, Wills & Probate, Workers' Compensation

Status: In Good Standing

FREE CONSULTATION

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1705 S. Van Buren Street, Enid, OK 73703

Amber Mclaughlin Gill

Wills, Trusts, Family Law, Adoption

Status: In Good Standing

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Enid, OK 73702

Benjamin Bowers

Estate Planning, Banking & Finance

Status: In Good Standing

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323 West Broadway, Enid, OK 73702

Blake Gibson

General Practice

Status: In Good Standing

CONTACT

Enid, OK 73702

Braden C. Land

Federal Trial Practice, Estate Planning, Divorce, Guardianships & Conservatorships

Status: In Good Standing

CONTACT

3517 W. Owen K. Garnott, Enid, OK 73703

Clark Gary Mckeever

Commercial Real Estate, Estate Planning

Status: In Good Standing

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Enid, OK 73702

Clifford L. Elliott

Industry Specialties, Estate

Status: In Good Standing

CONTACT

302 N. Independence, Enid, OK 73701

Clint Aaron Claypole

General Practice

Status: In Good Standing

CONTACT

Enid, OK 73702

David Charles Butler

General Practice

Status: In Good Standing

CONTACT

122 W Randolph Ave, Enid, OK 73701

David C Henneke

Wills & Probate, Family Law, Criminal

Status: In Good Standing

CONTACT

Enid, OK 73702

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LEGAL TERMS

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

SURROGATE COURT

See probate court.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

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Medford Estate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Tina Ann Hall

Amber Mclaughlin Gill

Benjamin Bowers

Blake Gibson

Braden C. Land

Clark Gary Mckeever

Clifford L. Elliott

Clint Aaron Claypole

David Charles Butler

David C Henneke

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LEGAL TERMS

PROPERTY CONTROL TRUST

SUCCESSION

SPECIFIC BEQUEST

AUGMENTED ESTATE

FINAL BENEFICIARY

DOWER AND CURTESY

BYPASS TRUST

SURROGATE COURT

PROBATE COURT

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